Age of householder
Per the latest American Community Survey by the Census Bureau, Brooklawn sees its highest median household income among householders in the age group of 45 to 64 years old, at $82,217. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Brooklawn, where there exist only two delineated age groups, the median household income is $82,217 for householders within the 45 to 64 years age group, compared to $68,908 for the 25 to 44 years age group.
- Notably, household income for individuals within the 45 to 64 years age group demonstrated the smallest decline of $689(0.83%), declining from a median of $82,906 in 2011 to $82,217 in 2021.
- 6(0.72%) households where the householder is under 25 years old.
- 279(33.61%) households with a householder aged between 25 and 44 years.
- 261(31.45%) households with a householder aged between 45 and 64 years.
- 284(34.22%) households where the householder is over 65 years old.
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Gender
In Brooklawn, the population consists of 906 males (49.32%) and 931 females (50.68%). Here are the primary highlights from the gender-based income distribution analysis:
- In Brooklawn, the median income for all workers aged 15 years and older, regardless of work hours, was $36,737 for males and $39,501 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $50,105 for males and $48,488 for females.
- In Brooklawn, the median income for all workers aged 15 years and older, regardless of work hours, was $36,737 for males and $39,501 for females.
- In Brooklawn, among full-time, year-round workers aged 15 years and older, males earned a median income of $50,105, while females earned $48,488, resulting in a 3% gender pay gap among full-time workers. This illustrates that women earn 97 cents for each dollar earned by men in full-time positions. While this gap shows a trend where women are inching closer to wage parity with men, it also exhibits a noticeable income difference for women working full-time in the borough of Brooklawn.
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Race
In Brooklawn, the population is predominantly White, constituting 77.79% of the total residents. Here are the key highlights from the analysis of income distribution by race:
- The median household income for White households is $57,255.
- In Brooklawn, despite the White population being the most populous, it is worth noting that Asian households actually reports the highest median household income, with a median income of $114,306. This reveals that, while Whites may be the most numerous in Brooklawn, Asian households experience greater economic prosperity in terms of median household income.
- In Brooklawn, the median household income for the households where the householder is White decreased by $24,015(29.55%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $81,270 in 2011 and $57,255 in 2021.
- In Brooklawn, the median household income for the households where the householder is Black or African American increased by $3,361(7.55%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $44,494 in 2011 and $47,855 in 2021.
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Year by year
Brooklawn, NJ median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Brooklawn decreased by $22,470 (28.47%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 6 years and declined for 5 years.
- The most significant year-by-year growth occured from 2020 to 2021, when the median household income increased by 5,677 (from $50,770 to $56,447). Similarly the most substantial year-by-year decline occured from 2019 to 2020, when the median household income decreased by 25,927 (from $76,697 to $50,770).
- It then further increased to $77,015 for 6-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.3825, it is evident that income distribution in Brooklawn, NJ exihibits characterstics of moderate equality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $73,262. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $0.
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